The Crypto Rundown 29: Crazy BTC Calls, Crypto Technical Breakdown and More

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

GUEST CO-HOST: JON PEARLSTONE, CRYPTOPATTERNS

BITCOIN BREAKDOWN SEGMENT

  • CRYPTO TRENDING LOWER SINCE LAST SHOW? – SOLD OFF APPROX. $400 FROM LAST SHOW¬†
  • HAD A PRONOUNCED SELLOFF IN WEEKS FOLLOWING LAST SHOW FOLLOWED BY A DRAMATIC REBOUND
  • HIT A LOW OF $9487 ON 8/29
  • HIGH OF 10,818 ON 8/20
  • BTC Vs Gold – what’s it mean?
  • BTC Volatility 30 day realized: COMPLETELY ANNIHILATED SINCE LAST SHOW – FROM¬† 94.27% TO 60.91%THIS WEEK
  • BTC Options Volume on Deribit – A FEW BRIGHT SPOTS OVER PAST FEW WEEK.
  • BTC vol term structure VERY DIFFERENT FROM LAST SHOW
  • BTC call/put ratio PEAKED AT 73.4% ON 6/17. BACK TO 55% FROM 66% LAST SHOW
  • BTC OI UP SLIGHTLY TO $587 TO $543M – DOWN FROM A RECORD $635M A FEW MONTHS AGO
  • CME BTC Futures – another light volume day today.
  • Is Van Eck And SolidX’s Bitcoin Trust ETF Finally The Real Deal?

THE ALTCOIN UNIVERSE SEGMENT

  • BTC vs. ALTCOINS: WHY IS BTC STILL SO DOMINANT IN THIS MARKETPLACE?
  • WHAT DOES THAT MEAN FOR POTENTIAL ALTCOIN TRADERS?
  • TOP 10 COINS BY MARKET CAP?
  • ETH – DOWN OVER $20 FROM LAST SHOW TO APPROX. $180
  • XRP – CONTINUED WEAKNESS BACK DOWN TO $.02 FROM LAST SHOW
  • LTC – DOWN OVER $7 FROM LAST SHOW AND NOW BACK BELOW $70
  • BITCOIN CASH – DOWN $16 FROM LAST SHOW NOW AROUND $306

CRYPTO QUESTIONS

  • QUESTION FROM SIGURD: Is there one particular technical that works the best in btc?
  • QUESTION FROM FRANK45: Are you convinced of the long-term viability of bitcoin vs traditional assets like equities?

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